
Tech titan Microsoft is reportedly working on a new feature that enables users to send and receive crypto assets through its default web browser. First reported by BleepingComputer, software documenter Albacore shared screenshots of a new Ethereum (ETH) wallet that Microsoft is planning to integrate into its Edge browser. “Newest in the gauntlet of questionable […]
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The supposed screenshots show a non-custodial crypto and NFT-friendly Microsoft Web3 wallet embedded into Edge.
Microsoft is reportedly working on integrating a crypto and nonfungible token (NFT) friendly Web3 wallet into its Edge web browser.
In a March 17 Twitter thread, software documenter — and occasional info leaker — Albacore shared a series of supposed Edge user interface (UI) screenshots showing the early stages of the firm’s new Web3 wallet.
“Newest in the gauntlet of questionable upcoming Microsoft Edge features, a crypto wallet not really sure how to feel about this kind of thing being baked into the default browser,” Albacore pessimistically noted.
Newest in the gauntlet of questionable upcoming Microsoft Edge features, a crypto wallet
— Albacore (@thebookisclosed) March 17, 2023
Not really sure how to feel about this kind of thing being baked into the default browser, what are your thoughts?
More screenshots of the UI in the next tweet ➡️ pic.twitter.com/GAUPiZGLIY
The first screenshot is of an introductory page to the Edge wallet, with Microsoft seemingly noting that: “we encourage you to test our first Web3 wallet and provide candid feedback along the journey.”
If found to be true, it appears that the wallet will be non-custodial with Microsoft having no access to passwords and recovery keys, while it will also be “embedded in Edge” as opposed to being an installed browser extension.
The accompanying screenshots show the ability to swap, send and buy crypto assets, with crypto exchange Coinbase and Web3 infrastructure firm MoonPay displayed as integrated “platforms that help you purchase and deposit crypto to your wallet.”
In terms of NFTs, the UI simply states: “browse different marketplaces to find your first NFT, as you build your collection of NFTs, we’ll organize them here.”
The potential move from Microsoft marks another recent effort to significantly ramp up the offerings and capabilities of Edge, which has generally lagged behind competitors such as Google’s Chrome and Apple’s Safari in terms of popularity.
Related: Ankr partners with Microsoft to offer enterprise node services
On Feb. 7, Microsoft announced the integration of artificial intelligence (AI)-powered search engines and chat via OpenAI’s ChatGPT as part of new upgrades to both its Bing and Edge browsers.
A cryptocurrency that aims to boost the Web3 economy is exploding after a surprise partnership announcement with tech giant Microsoft. Blockchain infrastructure project Ankr Network (ANKR) has rallied by 80% in the last 24 hours on the heels of a big announcement to partner with Microsoft to offer enterprise node services. “Microsoft is now in collaboration […]
The post Web3 Crypto Project Explodes 80% Amid Surprise Partnership With Microsoft appeared first on The Daily Hodl.
The partnership will offer low-latency blockchain connections for Web3 projects, enabling developers to focus time on scaling their applications.
Microsoft has partnered with decentralized blockchain infrastructure provider Ankr to provide a novel node hosting service on the Microsoft Azure Marketplace. In addition, the partnership will see an integration of technology from both companies, pairing Ankr’s blockchain infrastructure with Microsoft’s cloud solutions.
Per Ankr, the enterprise node deployment service will offer low-latency blockchain connections for Web3 projects so that developers can instead spend their time scaling their applications. The service relays transactions, deploys smart contracts and can read or write blockchain data.
By upgrading its load balancer to use Azure-based routing solutions, Ankr said the firm would be able to further scale its transactions processes by efficiently routing Remote Procedure Call requests to the best-suited nodes. With the technological integration, clients will be able to manage node hosting solutions with the choice of custom specifications for memory, bandwidth and global location for blockchain nodes. Chandler Song, co-founder and CEO of Ankr, commented on the development:
“The partnership, while an incredible milestone for Ankr, is also a key indicator of how far the decentralized web has come in integrating with the crucial players in every layer of web systems. The end result will be an era of extremely prolific building for blockchain-based applications from new Web3 projects as well as large enterprises entering the space.”
Rashmi Misra, Microsoft’s general manager of artificial intelligence and emerging technologies, stated, “Many developers and organizations are exploring how Web3 can help solve real-world business challenges, and our partnership with Ankr will enable them to access blockchain data in a reliable, scalable, and secure way.”
Cointelegraph previously reported on May 14, 2021, that Microsoft shut down its Azure Blockchain Service with no official explanation. On Dec. 15, 2022, the American technology giant banned cryptocurrency mining on its cloud services, citing the need to protect its online services from risks such as cyber fraud, attacks and unauthorized access to customer resources.